| | | TOKYO (Reuters) - Japanese mobile operator Softbank Corp said it will buy about 70 percent of Sprint Nextel Corp, the third-largest U.S. carrier, for $20.1 billion - the most a Japanese firm has spent on an overseas acquisition. | | | | | | LONDON (Reuters) - Virgin Money and U.S. private equity firm J.C. Flowers are leading a small field of potential suitors to buy 316 branches from Royal Bank of Scotland , after Spain's Santander pulled out of a deal on Friday. | | | | | | | DUBAI (Reuters) - Qatar, the second-largest investor in miner Xstrata , is looking favorably at the company's proposed merger with commodities trader Glencore , Prime Minister Sheikh Hamad bin Jassim al-Thani said on Monday. | | | | | | | TEL AVIV (Reuters) - Amazon.com Inc, the world's largest Internet retailer, is in advanced talks to buy the mobile chip business of Texas Instruments, Israeli financial newspaper Calcalist reported on Monday. | | | | | HONG KONG (Reuters) - Sinopec Corp and ENN Energy Holdings Ltd have dropped their $2.2 billion offer for China Gas Holdings Ltd in the face of regulatory hurdles and opposition from the target's management, ending what would have become Hong Kong's first unsolicited takeover bid. | | | | | MILAN (Reuters) - Private equity fund PAI Partners has agreed to buy 78.4 percent of Marcolin for 207 million euros ($268.42 million) and will launch a bid for remaining shares aimed at delisting Italy's No.3 eyewear manufacturer, it said on Monday. | | | | | ZAGREB (Reuters) - Croatia's last state-owned bank Hrvatska Postanska Banka (HPB) is achieving strong results and loan growth as the government prepares to sell its majority stake, its chief executive said. | | | | | MOSCOW (Reuters) - Loss-making Russian coal miner Mechel faces a toxic combination of poor demand and uncertain markets as it pushes ahead with a plan to sell steel, ferroalloys and mining assets to reduce its $9.4 billion in debts. | | | | JAKARTA/SINGAPORE (Reuters) - PT Bakrie & Brothers is in talks to sell a pipe making unit for $100 million, sources said, a step by the powerful Bakrie family to engineer a split from financier Nat Rothschild and Bumi Plc, the London-listed miner they co-founded two years ago. | | | | BOLOGNA, Italy (Reuters) - Shareholders of Italian utility Hera approved on Monday a merger with smaller peer Acegas-APS , clearing the way for the creation of Italy's second-biggest regional authority. | | | | | | | A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today | | | | | | | The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today | | | | | » MORE NEWSLETTERS | |
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